Contact No.: 022-300-38105
ONLINE GAMING MERCHANT ACCOUNT Online games are also known as online gaming. Online games are games which are played through internet. It is too much beneficial having online gaming websites. By running these online gaming websites, your business can grow up so easily and you can earn more revenue by your business. But there is one limitation of this business, you must have very reliable credit card processing features, otherwise your business may get blocked. These businesses involve so many fraud cases. There are some websites which do not need any registration even. They simply give you options to choose your game as per your interest and start playing. These sites are not trustworthy enough, so there are chances of losing money. These businesses are categorized into high risk. That’s why they need a high risk merchant account.
LET BRIEFLY UNDERSTAND WHY THIS ONLINE GAMING CATEGORIZED INTO HIGH RISK. THERE ARE MANY REASONS.
Highest turnover rate: Online gaming merchants have a very high turnover rate which crosses the limit of borrowing capacity provided by a bank. That’s why this is considered as a high risky by banks as well as merchant account providers. Offshore based businesses: These businesses are alongshore. As there is a big example of illegally get money and fraud. This is also a reason to put it into a high risk. High chargeback ratio: There is a high chargeback ratio because of the chances of fraud.
BENEFITS OF ONLINE GAMING MERCHANT ACCOUNT:
It enables you to accept global payments as well which helps gaming merchants to earn more revenue. It provides AVS (Address Verification service) which enables you to verify your address. It reduces the chances of risk. It provides reporting tool which helps you to track your real time transaction as well as to track your previous records.
Contact no.: 022-300-38105